We are always hearing in the media how the country is in debt and that many people are also in severe debt but most people think that they have their own debts under control.
My best friend had three or four credit cards and used them in a way that suggested he was a millionaire. He was what I call a reckless character; this is not meant as a form of criticism as there have been many a time when I have been jealous/envious of him; he is basically a person who purely lives for today. I was confused at how he could afford all of the things he bought as I was aware of how much he roughly earned. He was a well regarded business who sold composite doors and he also offered a DVD replication service.
I was particularly surprised when he bought a very impressive, however expensive car. He confirmed that he had managed to obtain a loan over three years; he looked so proud of himself. I tried to talk with my friend and to reason with him; I even suggested that he should reign in his spending habits some what.
He did not listen to me and could not understand why I was so careful with money and why I wanted to drive around in my old banger as he called it. I was no doubt just some stuttering freak to him.
He went on this huge spending spree for around three years. Suddenly as we all know credit dried up and he found himself in all sorts of trouble. This is when he decided to look for a debt specialist in the UK and it took him along time to get himself straight.
I am pleased to report that my friend is now back on his feet and his businesses thriving once again.
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